Owner
$563,491
2732 PARKLAWN DR, BRIGHTON, MI
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
2
sq. ft.
1,987
property type
Single Family Residential
hoa
No
About
Residential
Living Area
Garage
2 Stories
Unspecified Basement
Forced Air Unit
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2017
Building Size
1,987 sq ft
Lot Size
24,176 sq ft
Lot Size (Acres)
0.56 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
12-16-301-078
County
Livingston County, Michigan
Metro Area
Detroit-Warren-Dearborn, MI
Zoning
R-5
Neighborhood/Subdivision
SCHOOL LAKE PARK
Lot Number
79
School District
Brighton Area Schools
Legal Description
T2N, R6E, SCHOOL LAKE PARK LOT 79 SEC. 16
Tax & Value Information
Market Value (Total)
$479,200
Building Value
$0
Land Value
$479,200
Annual Property Tax
$2,634
Tax Assessment Year
2024
Assessed Value
$239,600
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
12/9/2017
Recording Date
12/13/2017
Sales Document #
2017.36515
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$21,804
Return on Investment
15.60%
After Repair Value
$619,840
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$507,142
Renovation Cost
$28,175
Closing Costs (buying)
$10,143
Holding Costs
$15,386
Selling Costs
$37,190
Total Investment
$139,746
After Repair Value (ARV)
$619,840
Total Costs
$598,036
Estimated Profit
$21,804
Cash Invested
$129,603
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
Map Filters
Key Amenities in the Area